What would have been the biggest automotive acquisition by an Indian company in the US was called off because of dissent in the American company’s overseas units, rues Sharmistha Mukherjee......
It controls a little under a fourth of the domestic market in terms of value, and is now making aggressive forays into the global one -- it bought over Dunlop's facilities in South Africa last year......
The muted performance of auto component companies and the dip in their valuations in the last 12-18 months does not come as a surprise, given the sluggish vehicle sales being reported by most auto......
Apollo Tyres, India's second largest tyre maker, will invest 200 million ($296 million or about Rs 1160 crore) to set up a manufacturing facility in Hungary that will make passenger car radials......
Tyre maker Apollo Tyres is set to expand its operations through a greenfield project in Tamil Nadu at a cost of Rs 500 crore (Rs 5 billion). With 100 tonne per day capacity, the new facility will......